Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h −0.009%

Price spread now: Coinbase International against Aster+0.493%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$770.769% of the position

Long on Aster Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.001%$0 on $10k

Price spread, last 3 days (all we have)−0.804%−$80 · spread now +0.493%, 7d avg +0.015%

Together, before fees−0.805%+ Points / potential airdropAster: Stage 5 · farm board−$81 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.478% dearer against Aster than usual: you sell high and buy low: +$48 more if the spread goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster VVVUSDT	31.540	0.0100	pay 0.0050% / 4h	2h 54m	$257K	$1.9M	10x
Short	Coinbase International VVV-PERP-INTX	31.695	0.0208	get 0.0026% / 1h	54m 36s	$243K	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee Coinbase InternationalbpOrdersPrice spread, now +0.493%Rate

Funding earned: $22.68
Price spread: +0.493% → +0.015%: $47.77
Slippage, 4 orders: −$58.85
Fee Aster: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$6.4
Costs to cover: 0.769%
Break-even: 9.0 days

Slippage from Aster: live order book, 4 min ago; Coinbase International: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 4 min ago	4.10 bp	18.7 bp −$19	59.0 bp −$590	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	14.14 bp	21.6 bp −$22	41.0 bp −$410	doesn't fit	doesn't fit

VVV on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps VVV-USD	−0.0289%	1h	31.486	−0.171%	$149K	$1.2M	3x	as long as short
Bybit VVVUSDT	−0.0257%	4h	31.495	−0.142%	$38.4M	$51.7M	20x	as long as short
Gate VVV_USDT	−0.0176%	4h	31.516	−0.076%	$10.6M	$7.0M	25x	as long as short
RISEx VVV/USDC	−0.0111%	1h	31.486	−0.169%	$387K	$615K	5x	as long as short
Lighter VVV	−0.0104%	1h	31.516	−0.076%	$2.1M	$5.6M	5x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0051%	1h	31.544	+0.013%	$88K	$24K	10x	as long as short
01 Exchange VVVUSD	−0.0040%	1h	31.494	−0.145%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.538	−0.006%	$116K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.540	0.000%	$55K	$289K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.562	+0.070%	$19K	—	150x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.059%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0067%	4h	31.549	+0.029%	$1.3M	$1.8M	25x	as long as short
Lighter RH VVV	+0.0096%	1h	31.504	−0.114%	$465K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.497	−0.136%	$3K	$106	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.526	−0.044%	$124K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.510	−0.095%	$72.7M	$55.2M	3x	as long as short
Aster VVVUSDTlong	+0.0100%	4h	31.540	long leg	$257K	$1.9M	10x
Pacifica VVV	+0.0100%	1h	31.550	+0.031%	$189K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.508	−0.102%	$33.2M	$153.6M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.506	−0.107%	$4.6M	$40.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.531	−0.028%	$6.4M	$6.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.537	−0.009%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.490	−0.158%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.505	−0.111%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	31.573	+0.104%	$121K	$328K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	31.521	−0.059%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.547	+0.022%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.563	+0.073%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.498	−0.132%	$299K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.560	+0.064%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0120%	4h	31.513	−0.085%	$78K	$334K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0122%	1h	31.550	+0.033%	$571K	—	100x	as long as short
Coinbase International VVV-PERP-INTXshort	+0.0208%	1h	31.695	+0.493%	$243K	$1.2M	25x